Reliance Chemotex Industries Faces Significant Volatility Amidst Ongoing Market Challenges

Feb 17 2025 09:38 AM IST
share
Share Via
Reliance Chemotex Industries has faced significant volatility, reaching a new 52-week low of Rs. 161 and underperforming its sector. The stock has declined consecutively over two days, with a total loss of 5.17%. Its one-year return stands at -21.27%, contrasting with the Sensex's positive performance.
Reliance Chemotex Industries, a microcap player in the textile industry, has experienced significant volatility today, reaching a new 52-week low of Rs. 161. This decline marks a notable underperformance, as the stock has lagged behind its sector by 2.82%. Over the past two days, Reliance Chemotex has seen a consecutive drop, accumulating a total loss of 5.17%.

Today's trading session opened with a substantial gap down, reflecting a loss of 9.22% at the start. The stock's intraday low mirrored this trend, hitting Rs. 161. Furthermore, Reliance Chemotex is currently trading below its key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a sustained downward trend.

In terms of longer-term performance, Reliance Chemotex Industries has faced challenges, with a one-year return of -21.27%, contrasting sharply with the Sensex's positive performance of 4.29%. These metrics highlight the ongoing difficulties faced by the company in the current market landscape.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News